Bank of Queensland (OTCMKTS:BKQNY) Trading Up 6.6% – What’s Next?

Shares of Bank of Queensland Limited (OTCMKTS:BKQNY) rose 6.6% during mid-day trading on Thursday . The stock traded as high as $9.80 and last traded at $9.80. Approximately 522 shares were traded during trading, a decline of 63% from the average daily volume of 1,401 shares. The stock had previously closed at $9.19.

Bank of Queensland Price Performance

The firm has a 50 day moving average of $8.35 and a two-hundred day moving average of $8.35.

Bank of Queensland Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 9th. Shareholders of record on Friday, May 2nd will be issued a $0.1834 dividend. The ex-dividend date is Thursday, May 1st. This is a boost from Bank of Queensland’s previous dividend of $0.18. This represents a yield of 4.41%. Bank of Queensland’s payout ratio is 75.18%.

About Bank of Queensland

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds.